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Author Question: Refer to Scenario 10.2. What level of output maximizes total revenue? A) 0 B) 90 C) 95 D) ... (Read 172 times)

Sufayan.ah

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Refer to Scenario 10.2. What level of output maximizes total revenue?
 
  A) 0
  B) 90
  C) 95
  D) 100
  E) none of the above

Question 2

An upward sloping isoquant
 
  A) can be derived from a production function with one input
  B) can be derived from a production function that uses more than one input where reductions in the use of any input always reduces output
  C) cannot be derived from a production function when a firm is assumed to maximize profits
  D) can be derived whenever one input to production is available at zero cost to the firm
  E) none of the above



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recede

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Answer to Question 1

D

Answer to Question 2

C




Sufayan.ah

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Reply 2 on: Jul 1, 2018
:D TYSM


sultana.d

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Reply 3 on: Yesterday
Gracias!

 

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